W1 price is located to be above Ichimoku cloud and above Senkou Span line which is the border of the cloud and virtual border between the primary bearish and the primary bullish trend on the chart.
The price was on the secondary correction since the end of January this year, and the ranging near-and-above Ichimoku cloud is started since the middle of March with the nearest support level at 6.4401. The price is ranging within the following
key support/resistance levels:
The price is crossing symmetric triangle pattern for the direction with Absolute Strength indicator estimating the correction to be continuing up to the bearish reversal.
If the price will break 6.3201
level so the reversal of the price movement from the primary bullish to the primary bearish market condition will be started. If the price will break 6.6508 resistance level from below to above so the primary bullish trend will be continuing. If not so the price will be ranging between the levels.
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
Arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of combining cross rates of individual currency pairs.
The advantages of the strategy are the following:
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Trend Laser with Volt Impulse
Strategy: Confirm impulsive signals Watch Video: (Click Here)Trend Laser with Energy Beam
VirtualTradePad is a panel for managing main orders in МetaТrader 5: Buy, Sell, Buy Stop, Buy Limit, Sell Stop, Sell Limit, Close, Delete, Modify, Trailing Stop.
This version is for informational purposes. Analyzing the main trade strategies using 10 indicators and 8 timeframes, the panel draws signal direction.
This pane is a part of the VirtualTradePad series that took 2-nd place in the Best Graphic Panel.
A free of charge demo version - VirtualTradePad Lite.
х - no s
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
FourAverage: A Breakthrough in Trend Identification
With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.
Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book.
In a downtrend, SafeZone defines noise as the portion of the current bar that extends above the high of the previous bar, against the downtrend. It averages the noise level over a period of time and multiplies it by a trader-selected factor.
For short trades, it adds the average noise level, multiplied by a factor, to the latest hig
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
Cluster analysis is now available in MetaTrader 5!
YuСlusters indicator builds a cluster graph based on tick data. For exchange instruments it is the volume and the last deal price, for Forex instruments it is the real or tick volume (depends on broker) and selectable type of the current price: Bid, Ask or (Bid+Ask)/2.
There are 5 criteria of cluster generation: Time interval, the criterion is set in seconds. Price range, the criterion is set in points. The current cluster is closed when the
I have developed this long-term trading strategy based on the relative strength index (RSI) indicator. Although the input parameters can be optimized for any currency pair, best results are achieved using EURUSD M15. The default parameter settings are for EURUSD M15.
The following parameters can be optimized:
Take profit: the strategy makes use of the current market volatility in order to determine the take profit (TP) and stop loss (SL) values of each trade AUTOMATICALLY. Take profit determ
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
Purpose and functions of the indicator
The indicator determines and marks the moments of trend change on a chart based on the theory of fractal levels breakdown on any time frames. If a breakdown based on all rules is real, the horizontal lines will appear on the chart with corresponding color. If there is an up trend, the line will be blue. In the descending trend the line will be red. The blue line is a strong support level, the trader should look for buying opportunities above this line. The
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
Multi-TimeFrame version of the Super Trend (SuperTrend) indicator with filling function based on MQL4 code.
TimeFrame - used time frame:
Can be any of ENUM_TIMEFRAMES values.
TimeCorrection - use time correction:
Can be true or false (see the first screenshot with true input and a second is false).
Period - period to calculate the index:
Can be larger than 0. Multiplier - value of multiplier parameter:
Can be larger than 0. ShowFilling:
The indicator calculates the actual status of your position on FORTS market. Since your position is re-calculated after each clearing on FORTS and other futures markets, you can see the status of your position on the chart and in the "Profit" section only starting from the last re-opening (clearing). The indicator solves this issue by displaying the level of the very first deal opening, the actual profit, swaps, and commissions. The product is most useful for mid-term and long-term deals on FORT
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
This is the first public MQL5 indicator using the cluster filtering. The advanced smoothing effect allows the digital filter to transform an ordinary moving average into a new faster indicator providing fewer false signals. At least, that is the purpose of the new experimental project. The project stages and ClusterSMA features are described in the author's blog (in Russian).
The indicator is based on the cluster digital filter that is successfully used in another area. At the time of publicati
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
TTMM – "Time To Make Money" – Time When Traders Makes Money on the Stock Exchanges
The ТТММ trade sessions indicator displays the following information:
Trade sessions: American, European, Asian and Pacific. (Note: Sessions are displayed on the previous five days and the current day only. The number of days may change depending on the holidays - they are not displayed in the terminals. The sessions are also not displayed on Saturday and Sunday).
The main trading hours of
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals:
The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line.The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions".
The indicator detects and marks the following trade signals:
"Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer".The indicator includes a signal block th
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience.
What is VSA?
VSA - Volume Spread An
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.04.06 06:51
USD/CNH Intra-Day Fundamentals: Caixin Services PMI and 45 pips price movement
2016-04-06 02:45 GMT | [CNH - Caixin Services PMI]
if actual > forecast (or previous one) = good for currency (for CNH in our case)
[CNH - Caixin Services PMI] = Level of a diffusion index based on surveyed purchasing managers in the services industry.
"March survey data pointed to a modest rebound in overall Chinese business activity, driven by slightly stronger growth of services activity and a renewed expansion of manufacturing output. The stronger performance of the service sector was highlighted by the Caixin China General Services Business Activity Index posting at 52.2, up from 51.2. That said, the reading continued to point to a modest rate of expansion that was slower than the series average. Meanwhile, manufacturing output returned to growth after an 11-month sequence of stagnant or reducedproduction, though the rate of growth was only marginal."
USDCNH M5: 45 pips price movement by Caixin Services PMI news event
Sergey Golubev, 2016.04.07 07:38
USD/CNH Technical Analysis: Trying to Extend Weekly Uptrend (based on the article)
Sergey Golubev, 2016.04.07 11:18
USD/CNH Intra-Day Fundamentals: China Foreign Exchange Reserves and 52 pips price movement
2016-04-07 09:04 GMT | [CNH - Foreign Exchange Reserves (MoM)]
A high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY.
[CNH - Foreign Exchange Reserves] = It presents the total amount of foreign currency held by a government.
USDCNH M5: 52 pips price movement by China Foreign Exchange Reserves news event :
Sergey Golubev, 2016.04.09 09:10
Forex Weekly Outlook April 11 - 15 (based on the article)
The Japanese yen was the king in the past week, frustrating Japanese officials. Inflation data in the UK and the US, Retail sales PPI, and Consumer sentiment in the US, rate decisions in the UK and Canada, Employment data in Australia stand out. These are the main events on forex calendar.
Sergey Golubev, 2016.04.13 08:02
USD/CNH Intra-Day Fundamentals: CNY - USD-Denominated Trade Balance and 55 pips price movement
2016-04-13 02:22 GMT | [CNY - USD-Denominated Trade Balance]
if actual > forecast (or previous one) = good for currency (for CNY in our case)
[CNY - USD-Denominated Trade Balance] = Trade Balance in US Dollars terms.
USD/CNH M5: 55 pips price movement by CNY - USD-Denominated Trade Balance news event
Sergey Golubev, 2016.04.15 07:34
USD/CNH Intra-Day Fundamentals: China GDP and 38 pips range price movement
2016-04-15 02:00 GMT | [CNY - GDP]
[CNY - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.
USD/CNH M5: 38 pips range price movement by China GDP news event
Sergey Golubev, 2016.04.23 08:53
Fundamental Weekly Forecasts for Dollar Index, USD/JPY, USD/CNH, NZD/USD, AUD/USD and GOLD (based on the article)
This pair was on ranging condition for whole the week with some new reversal levels and setups so let's describe some of the interesting moments for USD/CNH.------------------
D1 price is on ranging condition: the price is located near and below Senkou Span line which ias the virtual border between the primary ebarish and the primary bullish trend on the chart. The key reversal support/resistance levels for daily price are the following:
If the price breaks 6.4665 support level to below so the primary bearish trend will be continuing.If the price breaks 6.5165 resistance level to above so the ranging bullish reversal of the price movement may be started with 6.5587 bullish target.If not so the price will be ranging within the levels.
SUMMARY : ranging waiting for direction
Sergey Golubev, 2016.05.03 08:55
Intra-Day Fundamentals - Reserve Bank of Australia Cash Rate: 79 pips for USD/CNH and 141 pips for AUD/USD
2016-05-03 04:30 GMT | [AUD - RBA Cash Rate]
if actual > forecast (or previous one) = good for currency (for AUD in our case)
[AUD - RBA Cash Rate] = Interest rate charged on overnight loans between financial intermediaries.
AUD/USD M5: 141 pips price movement by RBA Cash Rate news event
USD/CNH M5: 79 pips price movement by RBA Cash Rate news event
Sergey Golubev, 2016.05.07 17:00
China’s forex reserves rise for second month in a row in April to US$3.22 trillion (based on the article)
USD to China Offshore Spot - intra-day bullish breakout; daily ranging to the bullish reversal; weekly ranging bullish; 6.5289 is the key level
H4 price is on bullish breakout: the price is teasting 6.5289 resistance level for the bullish trend to be continuing. The key bearish reversal level is 6.4858, and if the price breaks this level to below so the reversal of the price movement from primary bullish to the primary bearish market condition will be started.
Daily price is on ranging condition waiting for direction: if the price breaks 6.5289 resistance
to above so we may see the primary bullish trend on this timeframe without secondary ranging with good breakout piossibility.
Weekly price is on ranging bullish condition: if the price breaks 6.5289 to above so the bullish trend will be continuing, otherwise - ranging.